Indian deeptech startups count surges in 2023 but funding plummets 77 pc: nasscom

Indian deeptech startups count surges in 2023 but funding plummets 77 pc: nasscom

New Delhi, Jun 22 : India saw a significant surge in deeptech startups in 2023 with 480 new ventures emerging, making it the third largest pool globally, a report said. However, the report by technology industry body nasscom and global consulting firm Zinnov highlighted the worrying trend of a funding winter, posing a major challenge for these startups. ‘India’s DeepTech Dawn: Forging Ahead’ report also said funding for scaling, talent attraction and retention, and global expansion are the top 3 [...]The post Indian deeptech startups count surges in 2023 but funding plummets 77 pc: nasscom appeared first on Daily Excelsior.

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